Do you want to save money by finding low-cost Ford Edge insurance in Charlotte? Tired of sacrificing other expenses to pay high insurance rates every month? You have the same problem as most other consumers in North Carolina.
Inconceivable but true, the vast majority of consumers have purchased from the same company for more than four years, and nearly half have never compared rate quotes at all. Drivers in North Carolina could pocket roughly $100 a year by just comparing rate quotes, but they just don’t understand how easy it is to do a rate comparison.
Insurance companies such as GEICO, Progressive and Allstate increase brand awareness with ad campaigns and it is difficult to ignore the flashy ads and find the best price available.
Cheapest companies for Ford Edge insurance
The companies shown below are our best choices to provide quotes in Charlotte, NC. If your goal is to find cheap auto insurance in Charlotte, NC, we suggest you visit as many as you can to get a more complete price comparison.
Ford Edge insurance analysis
The information displayed next covers different insurance rates for Ford Edge models. Having a good grasp of how auto insurance policy rates are determined can help customers make smart choices when comparing insurance quotes.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Edge SE 2WD | $80 | $140 | $234 | $14 | $70 | $538 | $45 |
| Edge SE AWD | $80 | $170 | $234 | $14 | $70 | $568 | $47 |
| Edge SEL 2WD | $80 | $170 | $234 | $14 | $70 | $568 | $47 |
| Edge Limited 2WD | $80 | $170 | $234 | $14 | $70 | $568 | $47 |
| Edge SEL AWD | $80 | $170 | $234 | $14 | $70 | $568 | $47 |
| Edge Limited AWD | $92 | $200 | $234 | $14 | $70 | $610 | $51 |
| Edge Sport 2WD | $92 | $200 | $234 | $14 | $70 | $610 | $51 |
| Edge Sport AWD | $92 | $200 | $234 | $14 | $70 | $610 | $51 |
| Get Your Own Custom Quote Go | |||||||
Prices above based on married female driver age 50, no speeding tickets, no at-fault accidents, $1000 deductibles, and North Carolina minimum liability limits. Discounts applied include multi-policy, safe-driver, multi-vehicle, homeowner, and claim-free. Rate quotes do not factor in vehicle garaging location which can alter coverage rates greatly.
Deductible analysis
When comparing insurance rates, the most common question is which comprehensive and collision deductibles to buy. The following tables highlight the costs and benefits between low and high comp and collision deductibles. The first rate table uses a $100 deductible and the second set of rates uses a $1,000 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Edge SE 2WD | $186 | $318 | $250 | $14 | $74 | $867 | $72 |
| Edge SE AWD | $186 | $386 | $250 | $14 | $74 | $935 | $78 |
| Edge SEL 2WD | $186 | $386 | $250 | $14 | $74 | $935 | $78 |
| Edge Limited 2WD | $186 | $386 | $250 | $14 | $74 | $935 | $78 |
| Edge SEL AWD | $186 | $386 | $250 | $14 | $74 | $935 | $78 |
| Edge Limited AWD | $214 | $456 | $250 | $14 | $74 | $1,033 | $86 |
| Edge Sport 2WD | $214 | $456 | $250 | $14 | $74 | $1,033 | $86 |
| Edge Sport AWD | $214 | $456 | $250 | $14 | $74 | $1,033 | $86 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Edge SE 2WD | $104 | $168 | $250 | $14 | $74 | $610 | $51 |
| Edge SE AWD | $104 | $204 | $250 | $14 | $74 | $646 | $54 |
| Edge SEL 2WD | $104 | $204 | $250 | $14 | $74 | $646 | $54 |
| Edge Limited 2WD | $104 | $204 | $250 | $14 | $74 | $646 | $54 |
| Edge SEL AWD | $104 | $204 | $250 | $14 | $74 | $646 | $54 |
| Edge Limited AWD | $118 | $240 | $250 | $14 | $74 | $696 | $58 |
| Edge Sport 2WD | $118 | $240 | $250 | $14 | $74 | $696 | $58 |
| Edge Sport AWD | $118 | $240 | $250 | $14 | $74 | $696 | $58 |
| Get Your Own Custom Quote Go | |||||||
Prices above based on married male driver age 30, no speeding tickets, no at-fault accidents, and North Carolina minimum liability limits. Discounts applied include multi-vehicle, safe-driver, homeowner, claim-free, and multi-policy. Premium amounts do not factor in specific location which can revise insurance rates noticeably.
Based on these figures, using a $100 deductible costs roughly $25 more each month or $300 each year than requesting the higher $1,000 deductible. Since you would pay $900 more out of your own pocket with a $1,000 deductible as compared to a $100 deductible, if you tend to average more than 36 months between claims, you would probably come out ahead by going with a higher deductible.
How to calculate if higher deductibles make sense
| Average monthly premium for $100 deductibles: | $80 |
| Average monthly premium for $1,000 deductibles (subtract): | – $55 |
| Monthly savings from raising deductible: | $25 |
| Difference between deductibles ($1,000 – $100): | $900 |
| Divide difference by monthly savings: | $900 / $25 |
| Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible | 36 months |
One important caveat is that raising deductibles to save money means you pay more out-of-pocket when you file a claim. You need to have enough savings in the event you have to pay more for the deductible.
How careless driving impacts Charlotte insurance rates
The chart below demonstrates how traffic citations and accident claims can raise Ford Edge yearly insurance costs for each different age group. The premiums assume a single female driver, comp and collision included, $250 deductibles, and no other discounts are factored in.
Get affordable rates with discounts
Buying insurance is not cheap, but there are discounts available to cut the cost considerably. Many discounts should be triggered when you get a quote, but some discounts are required to be requested specifically before being credited.
- Military Rewards – Having an actively deployed family member could be rewarded with lower rates.
- Discount for Passive Restraints – Factory options such as air bags or motorized seat belts could see savings of more than 20%.
- No Accidents – Charlotte drivers who stay claim-free can earn big discounts in comparison to insureds who have frequent claims or accidents.
- Waiver for an Accident – Not a discount per se, but some insurance companies will let one accident slide before they charge you more for coverage if you are claim-free before the accident.
- Defensive Driver Discount – Passing a driver safety class can save you 5% or more if your company offers it.
- Drive Less and Save – Fewer annual miles on your Ford can earn better rates on cars that stay parked.
Discounts lower rates, but most discount credits are not given to the overall cost of the policy. Most cut the price of certain insurance coverages like collision or personal injury protection. So even though it sounds like having all the discounts means you get insurance for free, you aren’t that lucky.
The illustration below shows the difference between Ford Edge insurance costs with and without some available policy discounts. The premium estimates are based on a male driver, no claims, a clean driving record, North Carolina state minimum liability limits, full coverage, and $250 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with marriage, claim-free, homeowner, multi-car, safe-driver, and multi-policy discounts applied.
Large insurance companies and their offered discounts can be found below.
- American Family discounts include Steer into Savings, TimeAway discount, mySafetyValet, good student, and defensive driver.
- Farm Bureau offers discounts for 55 and retired, youthful driver, multi-policy, renewal discount, good student, multi-vehicle, and driver training.
- State Farm has discounts for passive restraint, Drive Safe & Save, driver’s education, good student, multiple autos, safe vehicle, and Steer Clear safe driver discount.
- Travelers may offer discounts for continuous insurance, driver training, good student, student away at school, and save driver.
- The Hartford policyholders can earn discounts including anti-theft, good student, driver training, vehicle fuel type, and bundle.
- GEICO includes discounts for membership and employees, air bags, anti-lock brakes, five-year accident-free, military active duty, and multi-vehicle.
- Progressive may have discounts that include online quote discount, online signing, good student, continuous coverage, and multi-vehicle.
When comparing rates, check with each company or agent which credits you are entitled to. Discounts may not be available in Charlotte.
Insurance quotes from local Charlotte insurance agencies
Some people prefer to visit with an insurance agent and that is just fine! One of the benefits of getting online price quotes is the fact that drivers can get lower rates but also keep your business local.
After filling out this quick form, the quote information is transmitted to local insurance agents that can give you free Charlotte auto insurance quotes for your business. It’s much easier because you don’t need to search for any insurance agencies due to the fact that quote results will go to you directly. You can most likely find cheaper rates and an insurance agent to talk to. In the event you want to get a rate quote from a particular provider, don’t hesitate to visit that company’s website to submit a rate quote request.
Finding the right insurance company needs to be determined by more than just the premium amount. These questions are important to ask:
- Do they get extra compensation for selling add-on coverages?
- Do they offer rental car reimbursement?
- How often do they review coverages?
- Does the agent have professional designations like CIC, CPCU or AIC?
- Do they prorate repair cost based on vehicle mileage?
- Is the agent and/or agency licensed to do business in North Carolina?
- Is coverage determined by price?
- How long has their agency been in business in Charlotte?
When looking for a reliable insurance agent, it helps to know the two different types of agencies and how they can service your needs differently. Agents in Charlotte are categorized either independent agents or exclusive agents depending on their employer.
Exclusive Insurance Agencies
Exclusive insurance agents are contracted to one company such as State Farm or Allstate. These agents are unable to provide prices from multiple companies so they have to upsell other benefits. Exclusive agents receive a lot of sales training on their products and sales techniques which helps them sell insurance even at higher premiums.
Listed below are exclusive agencies in Charlotte that are able to give price quotes.
Daniela Hernandez – State Farm Insurance Agent
5811 Fairview Rd Ste 102 – Charlotte, NC 28209 – (704) 733-9022 – View Map
Joe Pomykacz – State Farm Insurance Agent
2730 E W.T. Harris Blvd #202 – Charlotte, NC 28213 – (704) 535-3700 – View Map
Allstate Insurance: Michael Randolph
1001 W W.T. Harris Blvd m – Charlotte, NC 28213 – (704) 549-1710 – View Map
Independent Agencies or Brokers
Independent agencies can sell policies from many different companies so they can insure your vehicles through lots of different companies and find the cheapest insurance rates. If you are not satisfied with one company, they simply switch companies in-house and you don’t have to switch agencies.
When shopping rates, you should always compare prices from at a minimum one independent agency so that you can do a thorough price comparison.
The following is a short list of independent agencies in Charlotte willing to provide price quotes.
Southeast Insurance Agency
212 S Tryon St #1605 – Charlotte, NC 28281 – (704) 885-8006 – View Map
Swimmer Insurance Agency
725 Providence Rd #100 – Charlotte, NC 28207 – (704) 333-6694 – View Map
Mark McDuffie Insurance Agency
6101 Carnegie Blvd #415 – Charlotte, NC 28209 – (704) 364-9227 – View Map
Upon receiving answers to your satisfaction to these questions as well as cheap Edge insurance quotes, it’s a good possibility that you have found an auto insurance agent that meets the criteria to service your policy. Keep in mind consumers can cancel coverage at any point so don’t feel you’re contractually obligated to a specific agent for any length of time.
Don’t give up on affordable coverage
Budget-conscious Ford Edge insurance can be found from both online companies and with local Charlotte insurance agents, and you should compare price quotes from both to have the best rate selection. Some insurance providers may not provide the ability to get a quote online and many times these regional carriers only sell through independent agents.
As you shop your coverage around, it’s very important that you do not skimp on critical coverages to save a buck or two. There have been many situations where consumers will sacrifice collision coverage only to discover later that the few dollars in savings costed them thousands. Your aim should be to find the BEST coverage at the lowest possible cost.
How to save on Ford Edge insurance in Charlotte
It takes a little time, but the best way to find better pricing on car insurance rates is to regularly compare prices from providers that insure vehicles in Charlotte.
- Get a basic knowledge of coverages and the steps you can take to keep rates in check. Many policy risk factors that cause high rates like your driving record and an imperfect credit rating can be rectified by paying attention to minor details.
- Compare price quotes from independent agents, exclusive agents, and direct companies. Direct companies and exclusive agencies can only give prices from a single company like Progressive and State Farm, while independent agencies can provide price quotes for a wide range of insurance providers. Find a Charlotte insurance agent
- Compare the new rate quotes to your existing rates to see if a cheaper price is available. If you find a lower rate and decide to switch, make sure there is no lapse in coverage.
- Give notification to your agent or company to cancel your existing policy. Submit a completed application and payment for the new coverage. As soon as coverage is bound, put the proof of insurance certificate with your vehicle’s registration.
A good tip to remember is to make sure you enter identical coverage information on every quote request and and to get quotes from as many different insurance providers as possible. This enables the most accurate price comparison and a better comparison of the market.
More detailed car insurance information can be read in the articles below:
- Frontal Crash Tests (iihs.org)
- Who Has Cheap Auto Insurance Rates for Drivers Over Age 50 in Charlotte? (FAQ)
- Who Has Affordable Auto Insurance Quotes for Low Credit Scores in Charlotte? (FAQ)
- Who Has Cheap Auto Insurance for Immigrants in Charlotte? (FAQ)
- Who Has Cheap Auto Insurance for a Dodge Grand Caravan in Charlotte? (FAQ)
- Who Has Affordable Auto Insurance for 18 Year Olds in Charlotte? (FAQ)
- New Honda safety features benefit drivers of all ages (Insurance Institute for Highway Safety)
- How Much Auto Coverage do I Need? (Insurance Information Institute)
- A Tree Fell on Your Car: Now What? (Allstate)